Restaurant Building for Sale or Sale-leaseback
Retail-Commercial
for Sale
| Catylist Listing ID: |
30669530 |
| Property Subtypes: |
Restaurant
|
| Building Size (RSF): |
4,107 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
30,235 SF
|
| Sale Price: |
$1,230,000 - 1,300,000 |
| Unit Price: |
$299.49 - 316.53 PSF |
| Property Use Type: |
Business |
| Sale Terms: |
Cash to Seller, Sale/Leaseback |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/4/2021 |
Overview / Comments
South Lincoln recently-built restaurant in between two shopping malls. Building can be purchased by a landlord as an investment, or tenant can vacate for a new owner/operator. Current tenant willing to stay for two more years. Purchase price $1,230,000 for real estate plus $50,000 for state-of-the-art kitchen, bar equipment and furniture; lease to be negotiated with new owner. Purchase without leaseback is possible for $1,300,000 plus $50,000 for FF&E, and tenant will vacate.
You'll see gorgeous modern high end finishes, high ceilings, and personality throughout. Great acoustics and separated dining booths with room for both small and large groups. Seasonal outdoor seating area.
Copy link for agent's video tour of kitchen: https://youtu.be/CjgdFfSCVHU
|
Additional Details
| Nearest MSA: |
Lincoln |
| County: |
Lancaster |
| Taxing Authority: |
Lancaster County |
| Tax ID/APN: |
16-19-344-001-000 |
| Zoning: |
H4 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Largest Nearby Street: |
South 27th St. & Jamie Lane |
| Traffic/Vehicle Count: |
26,000 |
| Airports: |
Lincoln Municipal |
| Site Description: |
Near 27th & Yankee Hill intersection by Wilderness Hills Shopping Center (Kohls, Marshalls, HomeGoods) and the south Walmart super center. SouthPointe Mall to the north. Lots of walkers in neighborhood. |
| Area Description: |
Robust growth south of Yankee Hill Road in a district with hotels, retail, and offices. South Bypass under construction. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
2013 |
| Construction/Siding: |
Brick |
| Total Parking Spaces: |
42 |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity, Natural Gas |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
PINE LAKE HEIGHTS SOUTH 17TH ADDITION, Lot 1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,686 |
47,027 |
122,997 |
| Median Age: |
32.1 |
36.68 |
37.63 |
| Households: |
3,090 |
18,226 |
49,575 |
|
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